Global Polyethylene (PE Cling Film Market, By Type (Stretch Films, Shrink Films), Technology (Blow Film Extrusion, Cast Film Extrusion), Material (Low-density Polyethylene (LDPE), High-density Polyethylene (HDPE), Linear Low-density Polyethylene (LLDPE), Thickness (Up to 8 microns, 8 - 14 microns, Above 14 microns), End User (Food, Healthcare, Consumer Goods, Industrial, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
Polyethylene (PE) cling film is a thin cast plastic film used for several purposes such as bundle over wrap and stretch wrapping the pallets. The growth of the polyethylene (PE) cling films market is driven by an increase in the adoption of PE films in agriculture, food & beverage, construction and household. PE cling films are used as roofing solutions, vapour retarder, window film and counter top protection. Furthermore, it can also be used for sealing room, cover materials which are used for constructing buildings, and can be used in lead abatement projects. These are the key market trend which drives the use of PE cling films in construction applications
Data Bridge Market Research analyses that the polyethylene (PE) cling film market was valued at 374.85 million in 2021 and is expected to reach USD 648.89 million by 2029, registering a CAGR of 7.10 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014 - 2019)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Type (Stretch Films, Shrink Films), Technology (Blow Film Extrusion and Cast Film Extrusion), Material (Low-density Polyethylene (LDPE), High-density Polyethylene (HDPE), Linear Low-density Polyethylene (LLDPE), Thickness (Up to 8 microns, 8 - 14 microns, Above 14 microns), End User (Food, Healthcare, Consumer Goods, Industrial, Others)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
|
|
Market Players Covered
|
3M (U.S), Anchor Packaging LLC, (U.S.), Berry Global Inc., (U.S.), CeDo Ltd., (U.K.), Dow., (U.S.), Harwal Group of Companies, (UAE), Intertape Polymer Group, (Canada), Jindal Poly, (India), Klöckner Pentaplast, (Germany), Mitsubishi Chemical Corporation, (Japan), MOLCO GmbH, (Germany), Nan Ya Plastics Corporation (China), AVPack Plastic Manufacturers (South Africa), Suzhou Yuxinhong Plastic Packaging Co., Ltd. (China), AMERICAN MANUFACTURE COMPANY (U.S.), Polyvinyl Films, Inc (U.S.), ECPlaza Network Inc (China), Shenzhen Bull New Material Technology Co., Ltd (China), SHENZHEN XINTENG PACKAGING CO., LIMITED (China), Reynolds Consumer Products (U.S.)
|
|
Market Opportunities
|
|
Market Definition
Polyethylene is a thermoplastic which possesses several properties such as toughness, easy to seal, flexibility, strength and resistant to moisture. It is a plastic which has made from complex polymers and leads to a transparent, rigid, inflammable, fireproof and opaque product. Polyethylene cling film is also known as plastic wrap, food wrap, saran wrap, and stretch film. It is a thin transparent plastic film which sticks to surfaces and to itself. This film is mainly used to wrap food in containers. Cling PE films are high-quality food wrap films which keep food fresh and protect from microbiological contamination to reduce the risk of food waste by prolonging its shelf life.
Polyethylene (PE) Cling Film Market Dynamics
Drivers
- High demand in food and beverages sector
Polyethylene cling film is mainly used in food and beverage industry for various packaging purposes such as packaging of apples &potatoes, non-frozen baked products and tray covers for delivery of baked food products due to its low melting point. The higher demand of PE cling film in the food and beverages market are expected to drive growth rate of the market.
- Rise the demand in construction sector
PE cling films also used in the construction industry and play a significant role in covering specific spaces and protecting the valuable machinery and equipment. It can be mainly used for protection against the dust, dirt, elements, and dampness. The rising demand of PE films for the protection of Machineries and element are expected to drive the PE cling film market.
- Growing demand in agriculture industry
Polyethylene cling film is highly used in agricultural sector for the protection of crops through UV rays. These films are mainly used for clearing greenhouse effect and they form low tunnels. Polyethylene cling film helps to keep the crops away from the unpredictable weather conditions and bad climate which threaten to destroy the crops completely. They allow an improved and better germination process and help in the fast and high quality growth of the products.
Opportunities
- Rise in demand due to extensive properties
The polyethylene cling films provide various important properties such as moisture resistance, lightweight, flexible, glossy finish and other characteristics which make them more suitable for an extensive range of applications. However, several robust applications such as laminates, construction, tubes and others increase the requirement of polyethylene cling film with high flexibility and moisture resistant capabilities which will create beneficial opportunities for the growth of the market.
Moreover, large number of emerging new markets and rise in strategic collaborations will act also as market drivers and further boost beneficial opportunities for the market's growth rate.
Restraints/ Challenges
- Rising demand for eco-friendly packaging solutions
Consumers are shifting toward environmental friendliness and sustainability, eco-friendly packaging solutions which is expected to continue to foster green practices. The rise in awareness for reduction of carbon footprints and waste management have attracted the consumer preference toward paper packaging films in a extensive range of uses such as pharmaceutical, food, cosmetics & personal care and others. This is recognized to the use of paper packaging films over the polyethylene cling films due to constraints and environmental regulations which may restrain the growth of the polyethylene cling films market.
- Supply chain disruptions will pose a threat
With the growing number of restrictions around the world due to pandemic, there has been a hit in the supply and demand of packaging solutions. Also, the volatility in the prices of raw materials will prove to be a demerit for the polyethylene cling film market. Therefore, this will challenge the growth of the cling film market.
This polyethylene (PE) cling film market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the polyethylene (PE) cling film market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Polyethylene (PE) Cling Film Market
The outbreak of COVID-19 pandemic has negatively affected subsequently shrinking the GDP and the global economy thus, changing the consumer spending patterns globally. The major end users of polyethylene cling films such as packaging, automotive, food and beverages, construction, and transportation have been negatively impacted due to the ongoing pandemic outbreak. The ongoing health crisis has augmented the gap between supply and demand chains which is hampering the global polyethylene cling film supply chain. Moreover, the temporary shutdown of infrastructure and construction activities amid the COVID-19 period which has decrease he consumption of polyethylene cling films for curing of concrete from the ground.
Global Polyethylene (PE Cling Film Market Scope
The polyethylene (PE) cling film market is segmented on the basis of type, technology, material, thickness and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Stretch Films
- Shrink Films
Technology
- Blow Film Extrusion
- Cast Film Extrusion
Material
- Low-density Polyethylene (LDPE)
- High-density Polyethylene (HDPE)
- Linear Low-density Polyethylene (LLDPE)
Thickness
- Up to 8 microns
- 8 - 14 microns
- Above 14 microns
End User
- Food
- Healthcare
- Consumer Goods
- Industrial
- Others
Polyethylene (PE) Cling Film Market Regional Analysis/Insights
The polyethylene (PE) cling film market is analysed and market size insights and trends are provided by country, type, technology, material, thickness and end-user as referenced above.
The countries covered in the polyethylene (PE) cling film market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the polyethylene (PE) cling film market in terms of market share during the forecast period. This is due to the rising demand for polyethylene (PE) cling film in this region. North America region dominates the polyethylene (PE) cling film market due to the rising expenditure for research and development proficiencies, rise in cluster of manufacturers focusing on biodegradable cling films and high demand from the food and beverages sector in this region.
During the estimated period, Asia-Pacific is expected to be the fastest developing region due to the growing usage in food packaging sector, increasing urbanization in emerging economies and increasing adoption of on-the-go-food products in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Polyethylene (PE) Cling Film Market Share Analysis
The polyethylene (PE) cling film market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to polyethylene (PE) cling film market.
Some of the major players operating in the polyethylene (PE) cling film market are:
- 3M (U.S.)
- Anchor Packaging LLC, (U.S.)
- Berry Global Inc., (U.S.)
- CeDo Ltd., (U.K.)
- Dow. (U.S.)
- Harwal Group of Companies, (UAE)
- Intertape Polymer Group, (Canada)
- Jindal Poly (India)
- Klöckner Pentaplast, (Germany)
- Mitsubishi Chemical Corporation, (Japan)
- MOLCO GmbH, (Germany)
- Nan Ya Plastics Corporation (China)
- AVPack Plastic Manufacturers (South Africa)
- Suzhou Yuxinhong Plastic Packaging Co., Ltd. (China)
- AMERICAN MANUFACTURE COMPANY (U.S.)
- Polyvinyl Films, Inc (U.S.)
- ECPlaza Network Inc (China)
- Shenzhen Bull New Material Technology Co., Ltd (China)
- SHENZHEN XINTENG PACKAGING CO., LIMITED (China)
- Reynolds Consumer Products (U.S.)
SKU-